PremierPINC
Market Cap: $2.05B
About: Premier Inc is a Charlotte, North Carolina-based technology-driven healthcare improvement company, uniting an alliance of United States (U.S.) hospitals, health systems, and other providers and organizations to transform healthcare. The company's revenue is all sourced domestically and is reported in two business segments: the supply chain services and the consulting and technology platform of performance services. It generates the majority of its revenue from the supply chain services segment.
Employees: 2,900
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
8.31% more ownership
Funds ownership: 73.37% [Q1] → 81.68% (+8.31%) [Q2]
5% less funds holding
Funds holding: 255 [Q1] → 241 (-14) [Q2]
18% less capital invested
Capital invested by funds: $1.94B [Q1] → $1.6B (-$346M) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 101
27% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 52
99% less call options, than puts
Call options by funds: $9K | Put options by funds: $625K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Canaccord Genuity Richard Close 47% 1-year accuracy 14 / 30 met price target | 2%downside $20 | Hold Maintained | 21 Aug 2024 |
Baird Eric Coldwell 53% 1-year accuracy 16 / 30 met price target | 7%downside $19 | Neutral Maintained | 21 Aug 2024 |
Financial journalist opinion
Based on 8 articles about PINC published over the past 30 days